ExpertLaw Forum - Help With Your Legal Questions
Register FAQ Members List Social Groups Search Today's Posts Mark Forums Read Bookmark and Share
Auto Loans and Repossession Creditor actions following late payment or default on motor vehicle loans.

Reply
 
Thread Tools Display Modes
  #1  
Old 02-23-2006, 03:19 PM
percytr01 percytr01 is offline
Junior Member
  
Join Date: Feb 2006
Location: California
Posts: 1
Send a message via AIM to percytr01 Send a message via MSN to percytr01 Send a message via Yahoo to percytr01
Default Auto repo, what's next to do?
Hello everyone,

First posting into this forum, and hoping to get any help and/or advice to you..

Last night my car was repo when I wasn't on the property. I want to pay it off, but I can do it by March. What are the proper steps to recover the car and if my credit will be damaged by this repo after paying off?
Reply With Quote
  #2  
Old 02-23-2006, 06:33 PM
aaron aaron is offline
Administrator
  
Join Date: Mar 2005
Location: Michigan
Posts: 26,484
Default Re: Auto repo, what's next to do?
Quoting percytr01
What are the proper steps to recover the car...
Contact your lender and try to work things out.
Quoting percytr01
...and if my credit will be damaged by this repo after paying off?
Yes. You may be able to get your lender to agree to remove or not report certain information, though, as part of your resolution of the default and repossession.
Reply With Quote
Sponsored Links
Reply

« Previous Thread | Next Thread »
Thread Tools
Display Modes
Linear Mode Linear Mode

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Sponsor

Similar Threads
Thread Forum Last Post
Repo of discharged auto after Chapter 7 Chapter 7 Bankruptcy 09-16-2006 08:49 PM
Auto repo: can they take out a lien on my house? Auto Loans and Repossession 11-09-2005 07:39 PM



All times are GMT -7. The time now is 12:34 PM.

Information provided in the forum is not intended to substitute for professional advice, including but not limited to professional legal advice. If you submit a question or comment it is assumed that you are interested in soliciting, receiving or giving general information and not legal advice. Laws vary by state, and the laws described in this forum may be different in your state or may have been changed since the information was posted. The legal help offered in this forum comes from volunteers who may not have any formal legal training or knowledge, and all information should be confirmed with a qualified legal professional. All information is made available on an "as is" basis. You should accept legal advice only from a licensed legal professional with whom you have an attorney-client relationship. Use of this forum is subject to the ExpertLaw terms of use.
Contact Us - ExpertLaw - Archive - Law Articles - About ExpertLaw - Terms of Use - Site Map - Privacy Statement - Top

Powered by vBulletin® Version 3.8.2
Copyright ©2000 - 2009, Jelsoft Enterprises Ltd.
Copyright © 2004 - 2008 ExpertLaw.com, All Rights Reserved